InternetNews Staff

Hewlett-Packard Co, the world’s largest personal computer maker, said on Tuesday it expects revenue growth to slow to 5 percent to 6 percent in 2009, in line with analysts’ projections, and will boost profit margins as it continues to cut costs. Chief Executive Mark Hurd has eliminated about 15,000 jobs since 2005 and consolidated data […]

DENVER — In recent weeks, two of the more high-profile acts that weren’t selling their music as ringtones have given in. And in both cases, AT&T Mobility is involved. The operator scored exclusive access to a handful of Dave Matthews Band’s ringtones made from live recordings, but will later include studio tracks. Van Halen, meanwhile, […]

Japanese memory chip maker Toshiba Corp. said on Monday it would make flash-based solid state drives for notebook PCs, as it seeks to create new sources of demand for flash memory chips. The world’s No. 2 maker of NAND-type flash memory said its solid state drives would range in capacity from 32 gigabytes to 128 […]

MOSCOW — Russian fixed-line operator Comstar UTS plans to develop the first mobile WiMax network in Russia with Intel and aims to launch the super-fast wireless broadband at the end of 2008. Comstar said it signed an agreement with Intel, which foresees cooperation in network development first in the Moscow region and then in other […]

Universal Music Group on Monday said it signed an agreement with music-based social networking Web site Imeem to provide free, on-demand streaming of its digital music and videos that will be supported by advertising. Universal, which is owned by French media group Vivendi, is the fourth major music company to strike a deal with the […]

NEW YORK — Macrovision Corp said on Friday it would buy Gemstar-TV Guide International Inc for $2.8 billion in cash and stock to form a broad video entertainment distributor, but investors concerned about the deal’s price sent shares of both companies sharply lower. Macrovision shares dropped 25 percent after the company said it would raise […]

Palm Inc. warned on Thursday that it will post a loss for the quarter ended Nov. 30 as revenue fell short due to a product delay, driving the company’s shares down 16.5 percent. The news sparked concerns that the maker of the Treo phone could miss out on the critical end-year holiday shopping season for […]

IBM is asking the U.S. government to ban imports of some computers made by Taiwan’s Asustek Computer, alleging that the products infringe three IBM patents. IBM said on Thursday it filed a complaint against Asustek and its North American subsidiary, ASUS Computer International, with the U.S. International Trade Commission. It said the patent infringement occurs […]

Larry Page, Google’s billionaire co-founder, is set to marry his girlfriend, Lucy Southworth, on a tiny Caribbean island this weekend, a source familiar with the wedding arrangements said on Wednesday. The couple will hold the ceremony on an island enclave owned by Richard Branson, the billionaire owner of Virgin Group, who will act as best […]

NetSuite, a software maker majority-owned by Oracle Chief Executive Larry Ellison, said on Wednesday it planned to raise up to $99 million in an initial public offering. The company, which sells to small and mid-sized companies, filed to sell 6.2 million shares for $13 to $16 each, according to an amended statement with the U.S. […]

NEW YORK — Google is looking at more advertising partners outside its proposed purchase of DoubleClick and sees a move to a single system for selling ads across media taking up to five years, a top executive said on Tuesday. Tim Armstrong, Google’s president of advertising and commerce in North America, said the Web search […]

Cisco Systems said on Tuesday it hired Padmasree Warrior, the former head of technology at mobile phone maker Motorola, as chief technology officer. Warrior’s departure from Motorola was announced on Monday, and came after its embattled chief executive, Ed Zander, said last week he was stepping down and would be replaced by Chief Operating Officer […]